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Older chip technology is and will be, significant economically to China despite the U.S. export controls. However, due to the United States' codependent reliance on imported Chinese-manufactured legacy chips, this was likely considered in the export control scope. [13]
BEIJING (Reuters) -China has banned exports to the U.S. of some goods containing critical minerals while tightening exports on others, after U.S. curbs a day earlier on the Chinese chip industry.
China on Sunday said it “resolutely opposes” the U.S. decision to add multiple Chinese entities to its export control list in a bid to further curb Russia’s access to advanced U.S ...
"China firmly opposes the U.S.'s overstretching of the national security concept and abuse of export control measures to wantonly hobble Chinese enterprises," said spokesperson Liu Pengyu.
The United States has had export controls since the American Revolution, although the modern export control regimes can be traced back to the Trading with the Enemy Act of 1917. A significant piece of legislation was the Export Control Act of 1940 which inter alia aimed to restrict shipments of material to pre-war Japan.
The Export Control Act of 1940 was one in a series of legislative efforts by the US government and initially the administration of President Franklin D. Roosevelt to accomplish two tasks: to avoid scarcity of critical commodities in a likely prewar environment [1] and to limit the exportation of materiel to Imperial Japan.
China’s Commerce Ministry said Thursday it will restrict exports of some aviation and aerospace-related equipment and technology beginning July 1. A notice seen Thursday on the ministry’s ...
According to the Bureau of Industry and Security, there were approximately 600 People's Republic of China (PRC) entities on the Entity List as of 2022. [15] Designated entities consist of mainly companies and research institutions (including universities like Harbin Institute of Technology) involved in military technology, 5G, AI, and other advanced technologies. [15]